Having been eradicated from Bank of America last year, Sallie Krawcheck has opened up to Marie Claire magazine.
Unlike Erin Callan, Krawcheck has not moved to the Hamptons with an old and not unattractive male friend she met at school, who is now a fireman. She is happily married to Gary Appel (her second husband and a banker whom she met at DLJ). Whilst Callan appears to have retired from banking, Krawcheck may want to get back in again (she says she’s had discussions with various organisaitons) – but is likely in no rush to do so, having received $6m in severance from BofA.
This is Sallie’s sometimes advice to fellow financiers who lose their jobs, to female bankers, and to parents working in banking:
“I've just been keeping my head low,” says Krawcheck. “Spending time with my family, and thinking through what my next steps will be.”
“I received a good number of outreaches from colleagues, former colleagues, friends,” says Crawcheck. “The first 24 hours was really allowing myself to receive that. There are points in life when you let yourself be taken care of. “
“Make no mistake, I had a drink,” says Krawcheck.
“I went into pitching mode and reached out to colleagues I hadn't heard from,” says Krawcheck.
She says: "I am not reaching out to complain, whine, or second-guess. I would appreciate the opportunity to hear from you what I could have done better."
“It's important to wring every bit of personal development out of every experience,” she concludes.
“Long ago I came to the view that kids have two parents for a reason. When they were toddlers and screamed, "Mommy!" they meant a parent of either sex. “
“I have taken up yoga,” says Sallie. “I was a very, very anti-yoga person. I was always a runner. But I'm finding that when I run, I go over the same issues again and again. Yoga has been interesting at this stage because you put stuff out of your head, which can be a welcome relief, I assure you.”
“If you're caught in a meeting and walk through the door late, what you want is a spouse who says, "Can I get you a glass of wine?" versus "Where were you?" with an eye roll.”
“Women need to operate in narrower emotional channels than men. But it doesn't mean you need to be an emotional soldier. “